PennyMac Mortgage Investment Trust is a finance company, which invests primarily in residential mortgage loans and mortgage-related assets. It operates through the following segments: Correspondent Production, Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Corporate. The Correspondent Production segment deals with purchasing, pooling, and reselling newly originated prime credit quality mortgage loans either directly or in the form of mortgage-backed securities in capital markets. The Credit Sensitive Strategies segment includes investments in distressed mortgage loans,…
| Price | $25.10 |
|---|---|
| Market cap | $1.8B |
| Sector | Real Estate |
| Industry | REIT - Diversified |
| Exchange | NYSE |
| 52-week range | 24.85-25.91 |
| Beta | 1.11 |
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